Nachrichten ukrainischer Firmen

Januar 2007Kremenchuk Steel Plant to boost output 57% in 2007
The Kremenchuk Steel Plant (KSZ), a producer of steel castings for freight
cars and trucks, plans to increase production by 56.6% to UAH 802.62 million
in 2007. The plant intends to expand its workforce to accommodate the
growth plans.
31.01.2007 Source: KSZ press service

IUD increasing imports of Brazilian iron ore
Industrial Union of Donbas (IUD) is increasing imports of iron ore concentrate
from Brazil's MBR (Miniracoes Brasierias Reunidas S.A.). MBR is the
second largest producer of iron ore in Brazil and one of the world's
top five exporters of ore.
31.01.2007 Source: Transportation and Communications Ministry

Two bids submitted in tender to sell Nikopol Pivdennotrubny Plant
Two bids have been submitted in a tender to sell a 96.67% stake in OJSC
Nikopol Pivdennotrubny Plant in Dnipropetrovsk region. The tender to
sell the stake in the plant, Ukraine's monopoly producer of geological
survey, pump and rolled pipes for high-pressure boilers, was announced
on Nov. 22, 2006. The initial price of the 96.67% stake was set at UAH
352.614 million.
30.01.2007 Source: State Property Fund's press service

Altai-Koks to more than triple coke deliveries to Ilyich Metallurgical
WorksAltai-Koks, a subsidiary of Novolipetsk Steel (NLMK), signed a one-year
contract with Ukraine's Ilyich Iron and Steel Works of Mariupol to supply
about 50,000 tonnes of coke per month. The Ilyich steel plant bought
about 172,000 tonnes of coke from Altai-Koks in 2006. OJSC Ilyich Iron
and Steel Works of Mariupol is one of the leaders of Ukrainian metallurgy
and partner of Metal-Forum of Ukraine.
27.01.2007 Sourse: press release of Altai Koks

Metinvest continues consolidating SCM assets
Ukrainian conglomerate System Capital Management transferred its stakes
in two iron ore mining companies to Metinvest as part of the restructuring
of its business. SCM transferred a 60% stake in Central GOK and 23.67%
stake in Severny GOK to Metinvest, which SCM set up to consolidate its
mining and metals assets. "The Metinvest group, in the form of
management company Metinvest Holding, took over the rights to manage
the SCM group's mining and metallurgy businesses. The second phase of
restructuring will be carried out in 2007 - the corporate rights of
these companies will be transferred from SCM to Metinvest," Metinvest
Holding CEO Igor Syroy was quoted as saying in the release. The corporate
rights of the companies are being transferred as part of the creation
of a modern, vertically integrated structure that includes Metinvest
Holding, coal and coke, mining, steel and roll divisions, as well as
more than 20 enterprises in the mining and metals sector. Metinvest
plans to complete the consolidation of the corporate rights of its assets
by the end of 2007. Metinvest Holding is 80% owned by SCM and 20% by
Metinvest B.V., which in turn is wholly owned by SCM (Cyprus). SCM is
90% owned by parliamentary deputy Rinat Akhmetov.
24.01.2007 Source: press release of Metinvest

Illich Steel Mill buys coal mine in Luhansk region
OJSC Illich Mariupol Steel Mill in Donetsk region has bought the former
Menzhynsky coking coal mine in Pervomaisk. The coal deposits at the
Menzhynsky mine were estimated to be up to 93 million tonnes, and before
suffering a fall in coal production in 1992, the mine produced 419,000
tonnes of coal. OJSC Ilyich Iron and Steel Works of Mariupol is partner
of Metal-Forum of Ukraine.
15.01.2007 Source: Interfax

Britain's Omega to supply molding equipment to Ukrainian Casting
Company
Britain's Omega will supply molding equipment for iron and steel blanks
to the Ukrainian Casting Company, which is controlled by the Ukrainian
Industrial Energy Company (UPEK). Omega won the contract in a tender
that drew one Ukrainian and four foreign bidders. The winning bid was
chosen based on price, service support, experience on the Ukrainian
market and delivery timetable. The equipment will have capacity for
up to 15,000 tonnes of castings per year. Ukrainian Casting previously
set aside EUR 2 million for new molding equipment and expected to buy
a line with capacity of 12,000 tonnes. Under the terms of the contract,
the value of which has not been disclosed, the line is supposed to be
launched in August. Ukrainian Casting was formed in 2004 in the course
of the restructuring of the Kharkiv Machine-building Plant. UPEK, which
was created in 1995, also manages the Kharkiv Bearings Plant, electrical
engineering plant Ukrelektromash, KharVest, Lozovo Forging-Mechanics
Plant, the Tinyakov garments factory and Faktorial Bank.
12.01.2007 Source: Ukrainian Journal

Alchevsk Iron ans Steel Works to complete USD 2 billion upgrade,
double steel output by 2010
Alchevsk Steel Mill, Ukraine's No. 5 steel producer, pledged to complete
a USD 2 billion investment program within the next three years as the
company re-equips itself for saving energy costs. The program may be
a showcase of modernization for the country's steel sector, the backbone
of Ukraine's economy, helping to reduce dependence on energy imports,
President Viktor Yushchenko said.
11.01.2007 Source: UNIAN

Alchevsk Iron and Steel Works launches modernized mill-3000
The Alchevsk Metallurgical Works (AMK) launched its mill-3000 at the
end of 2006 following a UAH 700 million modernization that will boost
the productivity of its No. 2 plate rolling division by 20% to 1.2 million
tonnes of flat products per year, the company said on January 11. The
modernized mill-3000 will make it possible to increase the sheet width,
reduce metal consumption, and make steel plate for large-diameter gas
pipeline pipes suitable for all weather conditions. The equipment for
the modernized mill was made by the Novokramatorsk Machine-building
Plant (NKMZ) and the computer system was supplied by Germanys' Alstom.
11.01.2007 Source: Interfax

Ukraine's Metinvest seeks to acquire steel rolling assets overseas
Metinvest, a steel and mining conglomerate owned by Rinat Akhmetov,
the wealthiest Ukrainian, plans to acquire additional rolling assets
overseas to manufacture products with higher added value and to access
new markets. Acquiring the assets abroad would complement a rolling
plant in Italy already owned by Akhmetov's System Capital Management
(SCM), a holding group, and would enable the company to get access to
protected markets.
11.01.2007 Source: Ukrainian Journal

Building of Vorskla Steel Electrometallurgic Mill to start in January
2007
The Environment Protection Ministry allowed the building of Vorskla
Steel Electrometallurgic Mill in the settlement of Dmytriyivka. According
to Vorskla Steel Director General Volodymyr Bilous, the building and
preparing the site for the construction of the enterprise will be started
in January. "The first workshop will be completed in 2008, and
the first produce will be received in 2010," he told the press
last week. Investment in the building is assessed at USD 1 billion.
11.01.2007 Source: Interfax

Capital investment in modernization of Mittal Steel Kryvyi Rih to
increase 34% in 2007
Capital investment in modernization and technical re-equipment of the
Mittal Steel Kryvyi Rih metallurgical plant will total UAH 1.64 billion
in 2007, the press service of the plant has announced. The money will
be spent on completing the refurbishment of the No. 8 furnace and Nos.
3 and 4 coke batteries and on increasing iron ore production. Funds
have also been budgeted for technological improvements and work safety.
Mittal Steel Kryvyi Rih is Ukraine's biggest steel mill and partner
of Metal-Forum of Ukraine.
11.01.2007 Sorce: Ukrinform

Mittal Steel Kryviy Rih to up roll output 5% in 2007
Mittal Steel Kryviy Rih (formerly Kryvorizhstal), Ukraine's biggest
steel mill, aims to increase roll production 4.9% this year to 7.2 million
tonnes.Pig iron production should grow 5.7% to 7.192 million tonnes
and crude steel - 7.8% to 8.164 million tonnes. Iron ore concentrate
production is targeted to rise 6% to 8.25 million tonnes, sinter - 3.7%
to 11.813 million tonnes and coke - 28.8% to 3.47 million tonnes.
Source: ugmk.info

Khartsyzsk Pipe Mill to increase production by 20% in 2007
Khartsyzsk plans to increase production by 20% to 720,000 tonnes in
2007, with the new line expected to produce 100,000-120,000 tonnes of
large-diameter pipes. In 2006 the Khartsyzsk Pipe Mill increased production
of large-diameter pipes by 9.2% to 595,700 tonnes. Production of pipes
with anticorrosion coating grew 38.5% to 516,000 tonnes. "In 2006,
we achieved record volume of production and shipments since 1992. The
structure of manufactured products improved considerably: high value-added
products - pipes with anticorrosion coating - account for 86.6%,"
general director Andrei Shishatsky said. He also said that in 2006 the
company worked hard on modernizing its core facilities and completed
construction of a new line in the No. 2 electric-arc welding division.
11.01.2007 Source: Interfax